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RUSSIAN TRANSPORT DAILY REPORT

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Ust-Donetsk Port RAS Net Loss up 12% in Q1 2010

The net loss of Ust-Donetsk Port (a part of Azov-Don Shipping Company) under RAS totaled 12.048 million rubles in the first quarter of 2010, which is 11.8% as much as in the same period of 2009. Revenue totaled 12.514 million rubles, which is 2.8 times as much as in the same period of 2009. Accounts payable dropped from 12.848 million rubles as of January 1, 2009 to 9.192 million rubles as of January 1, 2010 and then increased up to 9.999 million rubles as of March 31, 2010. Short-term accounts receivable decreased from 30.718 million rubles in 2009 to 23.227 million rubles, 21.014 million rubles in the first quarter of 2010. (USD1 = RUB30.6986)


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